What does"cost basis"mean?

"Cost basis" refers to the original cost on an asset. This price is used to determine the cost of capital gains or losses. This allows someone who inherits assets to figure out how much the asset h...
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How do I calculate cost basis?

Calculating Total Cost BasisCalculate the total amount of money committed to an investment. Add any commissions involved in the investment. The answer is the total cost basis.Calculating Cost Basis...
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